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T.G.I. EAST COAST CONST. v. FIREMAN'S FUND INS. CO.

No. 80 Civ. 1120 (MEL).

600 F.Supp. 178 (1985)

T.G.I. EAST COAST CONSTRUCTION CORP., Plaintiff, v. FIREMAN'S FUND INSURANCE COMPANY and National Preferred Risks, Inc., Defendants. and Titan Group, Inc., Additional Defendant On Counterclaim. FIREMAN'S FUND INSURANCE COMPANY, Third-Party Plaintiff, v. COTRONEO & COLLETTI CONCRETE, INC., Colletti & Laguidara, Inc., individually and as co-venturers doing business under the name of Cotroneo & Colletti Concrete, Inc. and Colletti & Laguidara, Inc., a Joint Venture, Vincent Colletti, and Orlando Cotroneo, Third-Party Defendants.

United States District Court, S.D. New York.

January 9, 1985.

Attorney(s) appearing for the Case

Shea & Gould, New York City, for defendant Nat. Preferred Risks, Inc.; Richard F. Czaja, Fran M. Jacobs, New York City, of counsel.

M. Carl Levine, Morgulas & Forman, New York City, for plaintiff; Howard M. Rosen, New York City, of counsel.

LASKER, District Judge.

I.

T.G.I. East Coast Construction Corp. ("TGI") is a general contractor which contracted with the Town of Parsippany-Troy Hills for the construction of an advanced wastewater treatment plant in 1977. It negotiated an agreement with Cotroneo & Colletti Concrete Inc. ("C & C") as subcontractor to do the concrete work on the project. Upon learning that C & C was not in a position to secure a bond for $6 million dollars (the...

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